Prime development opportunity in vibrant Geelong West

A central Geelong property with a recently-approved plan for 13 new townhouses is on the market for a new developer.

232 Latrobe Terrace, Geelong West is now for sale as a blue-chip investment opportunity ready to break ground.

The City of Greater Geelong earlier this year approved plans to redevelop the empty site into a townhouse development that would include 13 triple-storey, two-bedroom properties.

The property is opposite The Gordon Tafe, with its proximity to Geelong CBD, Geelong Train Station, Kardinia Park and key services among its key selling points in the planning application.

The 1531sqm site has dual street frontage to Latrobe Terrace and McNicol Street.

Hodges Geelong is selling this property, with price hopes set between $2.1 million and $2.3 million.